Dangote Petroleum Refinery opened its initial public offering on September 14, starting a share sale that could raise ₦2.15 trillion, or about $1.6 billion, in Africa’s largest IPO. The company is offering 4.1 billion shares at ₦525 each. The offer closes October 13, with trading on the Nigerian Exchange expected to begin in November. The…
Summer might be winding down, but that’s exactly why now is one of the smartest times to shop for outdoor furniture and patio accessories. As retailers clear out seasonal inventory to make room for fall stock, prices on everything from lounge chairs to fire pits tend to drop. Walmart is leaning into the moment with…
You don’t get much for $20 anymore — except, apparently, a streaming stick that makes television watching easy and scores you access to thousands of apps. Right now, Amazon’s newest Fire TV Stick HD is on sale for 43 percent off. This is the latest version of Amazon’s most popular streaming device, and it’s a…
Demand for SK Hynix’s offering was reportedly over seven times more than the number of shares available, highlighting the strong investor appetite for a key company in the AI supply chain. Each American depositary share is equivalent to a tenth of a Seoul-traded common share, SK Hynix said. The offering gives US investors a way…
SpaceX on Monday announced a senior unsecured notes offering and disclosed about $100.8 billion in cash. Shares of SpaceX fell 11% and headed for a third consecutive losing session. The space and artificial intelligence company plans to use the proceeds to pay off bridge financing and other general purpose needs. The filing didn’t disclose how…
South Africa’s motoring sector is hitting an inflection point. While full electric vehicles dominate headlines, alternative powertrain technologies are doing the heavy lifting when it comes to shifting consumer behaviour on local roads. Driven by an unprecedented wave of new model arrivals and a diversifying price landscape, new energy vehicles are capturing a steadily growing…
Bangladesh relies on imports for 95 percent of its energy needs, which have been disrupted after the Iran war engulfed the Middle East. Listen to this article | 3 mins info Published On 9 Mar 20269 Mar 2026 Click here to share on social media share2 Share plus2googleAdd Al Jazeera on Googleinfo Bangladesh has closed universities and…
Shares in Blue Owl Capital tumbled almost 6% on Thursday after the private market and alternative assets manager sold $1.4 billion of loan assets held in three of its private debt funds. Blue Owl said Wednesday it had agreed the sale with four North American pension and insurance investors, with the loans changing hands at…
Elon Musk’s SpaceX, is initiating a secondary share sale that would give the company a valuation of up to $800 billion, The Wall Street Journal reported Friday. SpaceX is also telling some investors it will consider going public possibly around the end of next year, the report said. At the elevated price, Musk’s aerospace and…
Revolut’s head office in London. Hiba Kola/Reuters Britain’s Revolut said on Monday it had completed a secondary share sale valuing it at US$75-billion, a 66% jump from last year and underlining the rapid growth of Europe’s most valuable fintech company. London-based Revolut said the sale was led by investors Coatue, Greenoaks, Dragoneer and Fidelity, while…
